We have focused on return on equity (ROE) as an overall measure of performance. Another useful measure
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We have focused on return on equity (ROE) as an overall measure of performance. Another useful measure is the return on permanent capital. This shows how well the entity used its capital, without considering how much of its permanent capital came from each of the two sources: d __ and e ____ . This ratio is also called return on investment (ROI).
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